With a potentially volatile US presidential election and two months of economic data still to come, the Fed policymakers are engrossed in a dilemma – whether to go for a rate hike or maintain status quo. As of now, they seem to be hovering anywhere in between in the confused territory.

After reporting a massive 96 percent plunge in March quarter net profit on massive jump in bad loan provisions, Federal Bank Monday said most of the asset quality worries are behind it and it is keen to expand its loan book going forward.